3.25-3.26 Important industry trends

1. Mainstream exchange news:

● Regulators in the Philippines are taking steps to block local traders’ access to Binance.

● Bitget launches a 30-day BTC halving series of events, with a total prize pool of 500,000 USDT.

2. Mainstream projects & hot event trends:

● Decentralized credit protocol TrueFi launches the Trinity Protocol, which aims to improve the capital efficiency of real-world assets (RWA) on the chain. The new protocol will use the USD-based TRI token.

● Base network TVL exceeded US$2.3 billion, a record high.

● The London Stock Exchange will accept listing applications for Bitcoin and Ethereum crypto exchange-traded funds (ETNs) from April 8, 2024, subject to approval of the underlying prospectus by the UK Financial Conduct Authority (FCA), London The stock exchange's proposed initial trading listing date is May 28, 2024.

● CyberConnect launches $2 million ecosystem funding program.

● Venom testnet rewards will be open for claim at 16:00 on March 28, Beijing time.

● Ethereum Layer2 TVL rebounded to US$37.97 billion, an increase of 6.53% on the 7th

3. Financing information updates:

● GraphLinq, a blockchain ecosystem built for AI-driven on-chain automation and dApps, announced the completion of a strategic round of financing with participation from DWF Labs.

● Binance Labs announced its investment in the full-chain liquidity distribution network StakeStone.

● BEVM, a BTC Layer2 project based on Taproot Consensus, announced the completion of the seed round and part of the Series A financing of US$10 million, with a post-money valuation of US$200 million.

4. Regulatory information updates:

● Ripple CEO Brad Garlinghouse confirmed on social media that the U.S. Securities and Exchange Commission (SEC) will seek $2 billion in fines and penalties in its legal action against the crypto token XRP.